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Report: Arsenal have £20m budget for January transfer window

Mikel Arteta will be backed with £20m this month to bring in at least one new player for Arsenal, according to a report.

Arsenal manager Mikel Arteta has reportedly been told that he has £20m to spend in the January transfer window.

The Gunners are prioritising outgoings over new signings this month as they look to cut their bloated squad down to size.

Sead Kolasinac, William Saliba and Matt Macey have so far been loaned out, while Mesut Ozil is expected to follow in the coming days.

Regardless of any more outgoing activity, though, the Transfer Window Podcast claims that Arteta is already aware of the funds available to him this month.

Arsenal are said to be interested in Norwich City attacker Emiliano Buendia, but he is thought to be valued in the region of £40m, putting him well out of their price range.

Shakhtar Donetsk winger Manor Solomon has also been mentioned as a possible target for the Gunners before the window shuts on February 1.

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Emi Buendia celebrates scoring for Norwich City on December 12, 2020
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TeamPWDLFAGDPTS
1Liverpool1210112481631
2Manchester CityMan City127232217523
3Chelsea126422314922
4Arsenal126422112922
5Brighton & Hove AlbionBrighton126422116522
6Tottenham HotspurSpurs1261527131419
7Nottingham ForestNott'm Forest125431513219
8Aston Villa125431919019
9Fulham125341717018
10Newcastle UnitedNewcastle125341313018
11Brentford125252222017
12Manchester UnitedMan Utd124441313016
13Bournemouth124351617-115
14West Ham UnitedWest Ham124351519-415
15Everton122551017-711
16Leicester CityLeicester122461523-810
17Wolverhampton WanderersWolves122372028-89
18Ipswich TownIpswich121651323-109
19Crystal Palace121561017-78
20Southampton121110924-154


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